On Feb. 11, HR 510, which calls for permanence of the 45G short line tax credit, formally received its 100th co-sponsor. The bill, introduced Jan. 11 by Reps. Earl Blumenauer (D-Ore.) and Mike Kelly (R-Pa.), “has rapidly garnered significant bi-partisan support, as it has every Congress since the credit was introduced in 2004,” said the American Short Line and Regional Railroad Association (ASLRRA). “House support for this legislation is growing at a record pace, with 106 co-sponsors in just four weeks.”
Hoping to improve safety and efficiency in the construction industry, New York University’s Tandon School of Engineering has created the Institute of Design and Construction (IDC) Innovations Hub and selected railroad construction veteran Dr. Michael Horodniceanu as Chairman.
BNSF Railway will invest $3.57 billion in capital in 2019—a 5% increase from 2018—toward “maintaining and expanding its network with an unwavering focus on operating a safe railroad that meets customers’ demands.”
South Florida Regional Transportation Authority (SFRTA), operator of the Tri-Rail regional/commuter rail system, has restructured its senior management team and promoted several staff members, Executive Director Steven L. Abrams announced on Feb. 12.
Norfolk Southern, at its Feb. 11 Investor and Financial Analyst Conference in Atlanta, said it plans to hold capital expenditures to between 16% and 18% of revenues through 2021, as the railroad targets a 60% operating ratio by that year.
Railway Age, February 2019: As railroads continue to expand their data collection technologies across all of their operational areas, they simultaneously continue to expand their ability to analyze this data and convert the data into actionable information—in other words, to generate information that can be directly used in their operation or maintenance activities.
Across the United States, gas utilities have been confronting the problem of remediating the environmental impacts of hundreds of former Manufactured Gas Plants (MGPs). Up until the late 1940s, at these plants, coal was converted into coal gas, which was primarily used for cooking and lighting until it was supplanted by much cleaner natural gas.
Jacksonville, Fla.-based Duos Technologies Group Inc. has launched a new operating subsidiary, truevue360™ (tv360) through subsidiary Duos Technologies, Inc., a provider of intelligent security and analytical technology. Tv360 will focus on developing, implementing and marketing artificial intelligence (AI) and “deep learning solutions” for a broad range of industries, among them rail.
Global design and engineering firm Stantec recently added two senior executives to its Transportation Business Line: Barbara Moffat, Vice President Transportation-U.S. West; and Dr. Suhail Albhaisi, Regional Bridge Leader and Senior Principal-U.S. Northeast.
A proposal to build the Brooklyn Queens Connector, a streetcar line linking the New York City boroughs of Brooklyn and Queens, took a step toward reality Feb. 6 as the city’s Economic Development Corporation approved a key contract.